Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Annualised returns
Absolute returns
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6M
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Fund returns
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Category average (Hybrid Balanced Advantage)
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Rank (Hybrid Balanced Advantage)
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Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company's fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Exit load, stamp duty and tax
Exit load
Exit load of 1% if redeemed within 12 months
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
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About Edelweiss Balanced Advantage Fund Direct (Ex) Growth
Edelweiss Balanced Advantage Fund Direct (Ex) Growth is a Hybrid Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 30 Apr 2008. The fund currently has an Asset Under Management(AUM) of ?1,72,309 Cr and the Latest NAV as of 30 Dec 2016 is ?10.30.
The Edelweiss Balanced Advantage Fund Direct (Ex) Growth is rated Moderately High risk. Minimum SIP Investment is set to ?500. Exit load of 1% if redeemed within 12 months
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Investment Objective
The scheme seeks to generate long term capital appreciation and current income from a portfolio that is invested in equity and equity related securities as well as fixed income securities.
Fund benchmarkCRISIL Balanced Fund Aggressive Index